Baker Ellis Asset Management LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.8% during the fourth quarter, Holdings Channel reports. The fund owned 10,876 shares of the railroad operator’s stock after selling 195 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in Union Pacific were worth $2,480,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. World Investment Advisors LLC boosted its stake in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after acquiring an additional 18,060 shares during the last quarter. Shellback Capital LP boosted its stake in Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after buying an additional 4,400 shares during the last quarter. Peoples Bank KS acquired a new stake in Union Pacific in the 3rd quarter worth about $834,000. Wealth Enhancement Advisory Services LLC boosted its stake in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after buying an additional 4,939 shares during the last quarter. Finally, Maj Invest Holding A S boosted its stake in Union Pacific by 0.3% in the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after buying an additional 2,202 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Price Performance
UNP stock opened at $235.77 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The stock’s 50 day moving average is $233.63 and its two-hundred day moving average is $239.18. The company has a market capitalization of $142.94 billion, a PE ratio of 21.65, a P/E/G ratio of 2.13 and a beta of 1.06.
Union Pacific Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.
Analysts Set New Price Targets
A number of analysts have issued reports on the company. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and decreased their price target for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Stifel Nicolaus decreased their price target on Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Sanford C. Bernstein reduced their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Wells Fargo & Company reduced their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Barclays lifted their price objective on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $259.35.
View Our Latest Research Report on Union Pacific
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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